April 2, 2025
NBS defends removal of historical data from inflation report
News Today In the News

NBS defends removal of historical data from inflation report

NBS defends removal of historical data from inflation report

The National Bureau of Statistics, NBS, has defended its decision to remove historical data from the revised February inflation report, insisting that the final figures remain unaffected.  

Concerns over data transparency emerged after the initial report was taken down and re-uploaded without the historical Consumer Price Index, CPI, data. However, in a statement on Tuesday, the bureau’s acting director of communications and public relations, Folorunso Alesanmi, said the adjustment had no impact on the overall inflation outcome.  

Also Read: COP28 Opens With ‘Historic’ Launch Of Loss And Damage Fund

Reaffirming the agency’s commitment to transparency and data integrity, Mr Alesanmi stressed that the rebased CPI figures remained consistent with earlier estimates.

Leave feedback about this

News, Today In the News

Business News

News, Today In the News

News, Today In the News

Business News

News, Today In the News

News, Today In the News